Arizona’s LLC Laws Are Being Replaced –You Need to Update Your Operating Agreements

BY: GARY MICHAEL SMITH, ESQ. AND J. PHILLIP GLASSCOCK, ESQ. (AND CPA, RETIRED) Arizona has a new limited liability company act that will have two effective dates, the earliest of which is September 1, 2019.   These new laws will impact all existing and future LLCs, especially those that do not have operating agreements.  Every dispensary …

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